比特幣和川普代幣價格下跌：投資者需要了解什麼

隨著加密貨幣市場對新上任的唐納德·川普總統的反應，比特幣和川普品牌的代幣的價值都出現了大幅下跌。

Bitcoin and the Trump-branded token both experienced significant drops in value following the inauguration of President Donald Trump, leaving many in the cryptocurrency industry disappointed.

唐納德·川普總統就職後，比特幣和川普品牌的代幣價值均大幅下跌，令加密貨幣行業的許多人感到失望。

Bitcoin, the leading cryptocurrency, reached an impressive all-time high of $109,071 on the day of the inauguration but fell to $101,705.40 shortly thereafter. Meanwhile, the much-discussed Trump token, which surged to a peak of $74.59, was last valued at $34.4, losing half its worth within days.

比特幣是領先的加密貨幣，在就職典禮當天創下了 109,071 美元的歷史新高，但不久後就跌至 101,705.40 美元。與此同時，備受討論的川普代幣飆升至 74.59 美元的峰值，最後估值為 34.4 美元，幾天之內就跌去了一半。

The sell-off in Bitcoin began as the clock struck midnight on the East Coast, kicking off Trump’s presidency. Bitcoin had been rallying in anticipation of Trump’s inauguration, with prices rising steadily throughout the morning hours. However, as the afternoon wore on and Trump's inaugural address failed to mention cryptocurrencies, traders began to sell off their holdings en masse.

隨著東海岸午夜鐘聲敲響，川普就任總統，比特幣的拋售開始了。由於川普就職的預期，比特幣一直在上漲，整個上午價格都在穩步上漲。然而，隨著下午的時間過去，川普的就職演說沒有提及加密貨幣，交易員開始集體拋售所持資產。

The sell-off in the Trump token was also dramatic, as the token had rallied sharply in recent days amid anticipation over the new president. However, the token's price came under pressure on Monday as the enthusiasm surrounding Trump's presidency waned.

川普代幣的拋售也很劇烈，因為在對新總統的預期中，該代幣最近幾天大幅上漲。然而，隨著圍繞川普總統任期的熱情消退，該代幣的價格週一面臨壓力。

The drops in value come despite anticipation surrounding Trump's presidency, which had led to expectations of a more favorable regulatory environment for cryptocurrencies. However, his inaugural address made no mention of digital assets.

儘管人們對川普當選總統抱持預期，但加密貨幣的監管環境卻更有利，但幣值還是出現了下跌。然而，他的就職演說並未提及數位資產。

"Everybody was expecting something grand, and then there was nothing," said Mati Greenspan, senior market analyst at eToro, a multi-asset investment platform. "People were buying the rumor and then there was no follow-through, so they sold the fact."

多資產投資平台 eToro 的高級市場分析師馬蒂·格林斯潘 (Mati Greenspan) 表示：“每個人都期待著一些偉大的事情，但後來什麼也沒有了。” “人們相信謠言，但沒有後續行動，所以他們賣掉了事實。”

Bitcoin had been rallying in recent months on optimism over Trump. Some traders had hoped for an announcement regarding favorable cryptocurrency regulation, but others had remained skeptical.

近幾個月來，由於對川普的樂觀情緒，比特幣一直在上漲。一些交易員曾希望有關有利的加密貨幣監管的公告，但其他交易員仍持懷疑態度。

"Bitcoin had been rallying so much in the morning, but then there were traders who had been waiting for something big on crypto from Trump, and when nothing came up, they just started selling it,” said Greenspan.

格林斯潘表示：“比特幣在早上大幅上漲，但隨後有些交易員一直在等待川普發布有關加密貨幣的重大消息，但當沒有任何進展時，他們就開始拋售比特幣。”

"There were a lot of people who had been thinking that Trump would mention Bitcoin in his speech, but then when he didn't, everybody just started selling. It was funny because everybody had been talking about how Bitcoin would go up if Trump mentioned it, but then when he didn't, everybody just started selling."

「很多人一直認為川普會在演講中提到比特幣，但當他沒有提到時，每個人都開始拋售。這很有趣，因為每個人都在談論如果川普提到比特幣將會如何上漲但當他不這樣做時，每個人都開始出售。

The sell-off in Bitcoin was particularly pronounced on cryptocurrency exchanges in South Korea, where premiums over U.S. prices had reached record levels in recent weeks. Bitcoin was trading at around $103,000 on South Korean exchange Bithumb on Monday afternoon.

比特幣的拋售在韓國的加密貨幣交易所尤其明顯，最近幾週相對於美國價格的溢價達到了創紀錄的水平。週一下午，韓國交易所 Bithumb 的比特幣交易價格約為 103,000 美元。

"There were a lot of people who had been buying Bitcoin at very high prices in South Korea, and then when they saw the price dropping in the U.S., they started panic selling," said Greenspan. "It was a chain reaction, and by the end of the day, the price had dropped significantly."

格林斯潘表示：“韓國有很多人以非常高的價格購買比特幣，然後當他們看到美國價格下跌時，他們開始恐慌性拋售。” “這是一個連鎖反應，到當天結束時，價格大幅下跌。”

Meanwhile, Trump is already making waves in regulatory circles by nominating new leadership at the Securities and Exchange Commission (SEC), which could impact how cryptocurrencies are governed.

同時，川普提名美國證券交易委員會（SEC）新領導階層，已經在監管圈掀起波瀾，這可能會影響加密貨幣的治理方式。

The drops in value also come amid concerns over the ethical implications of Trump's crypto ventures, with his business affiliate, CIC Digital, holding a significant ownership stake in the Trump token.

價值下跌的另一個原因是人們對川普的加密貨幣企業的道德影響感到擔憂，他的商業附屬公司 CIC Digital 持有川普代幣的大量所有權股份。

As excitement and skepticism swirl around the future of cryptocurrencies, investors may need to brace for continued volatility and shifting policies in the months to come.

隨著人們對加密貨幣的未來感到興奮和懷疑，投資者可能需要為未來幾個月的持續波動和政策變化做好準備。